Indiabulls Housing Finance Ltd - 535789 - Proposed Issue Of Foreign Currency Convertible Bonds ('Fccbs') Aggregating Up To USD 200 Million By Indiabulls Housing Finance Limited ('Company' And Such Issue, The 'Issue')
1. We wish to inform you that subsequent to the approval accorded by the board of directors , at its meeting held on June 29, 2021 and the special resolution passed by the shareholders of the Company on July 29, 2021, the Securities Issuance Committee has, at its meeting held today i.e. September 16, 2021, inter alia, passed resolutions for the following: a. Approved the floor price for the Issue; b. Approved and adopted the preliminary offering circular dated September 16, 2021, in connection with the Issue; c. Authorised the opening of the Issue today, i.e. September 16, 2021; and 2. We further wish to inform you that the 'Relevant Date' for the purpose of the Issue, in terms of Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme, 1993, as amended ("FCCBs Guidelines") is September 16, 2021 and accordingly the floor price in respect of the aforesaid Issue, determined based on FCCBs Guidelines is INR 231.48 per FCCB.16-09-2021
